|
2� 1 ��3131
<br /> ASS��IVfIIiE�VT �F RENTS
<br /> Laan No: `I��2958�� �Cantinued� Pag� �
<br /> �ndebtedness. The word "Indebtedness" m�ans a!I principal, interest, and other amounts, c�sts and expenses
<br /> payable under the Note or Rela�ed Documen�s, toge�her with a11 renewals of, ex�ensions of, modificativns a�,
<br /> consolidations o�and subs�itutions for�he Note or Related Da�uments and any amaunts exper�ded or advanced t�y
<br /> Lender �o discharg� Grant�r's abl€gations or expenses incu�red by Lender �a �nf�rce Gran��r's abfiga�ions under
<br /> this Assignmen�, tagether with interes� an such amoun�s as pro�ided in this Assignment. �pecifica�ly, withvut
<br /> limitation, Indebtedness includes the �uture ad�ances s�t f�r�h in the Fu�ure AdWan�es pra�isian, tag�ther wi�h a�i
<br /> interes� thereon and alf amaunts that may be indirectfy secured by the �rvss-�ollateraliza��on prn�ision of this
<br /> Assignmente
<br /> Lender. The word "Lender" means FiWe Poin�s Bank, its su�cessors and assigns.
<br /> No#e. The wQrd "Nate" means the promissory note da�ed May 18, �D15, in the origina� pr�ncipal amaunt
<br /> Of $��.���.�� from Borrvwer to Lender, toge�her with a11 renewa�s of, extensions of, m�difications af,
<br /> refinancings of, cnns�lida�i�ns o�, and substitutians�or�he promissary nat�or agr��ment.
<br /> Property. The word "Property" means all of Gran��r's right, title and int�rest in and ta a(I the Property as
<br /> described in the "Assignment" se�tion of this Assignmento
<br /> Relat�d �ocuments. The wards "Reiated Dflcuments" mean all promissory nat�s, cred�� agreements, loan
<br /> agreements� envir�nmen�al agreements. �uaranties, s�curity agreements, mor�gages, deeds of �trust. security
<br /> d�eds, collateral martgages, and alI ather instruments, agreements and documents, ►rvheth�r nv►rv vr hereafter
<br /> existing, executed in connec�tion with the lndebtedness.
<br /> Renfis. The ward "Rents" means all af �rantor's presen� and future rights, t�t�e ancl in�eres�t in, tv and under any
<br /> and all pr�sent and future leases, in�fuding, without limi�ation, all rents, revenue, incom�, issues, royalties,
<br /> bonuses, accaunts recei�able, cash or security d�posits, advance ren�als, profi�s and proceects �From the Property,
<br /> and other payments and benefits deri�ed vr to be derived from such leases af e�ery kind and naturs, whe#h�r due
<br /> now or later, inc�uding without limitatian G�antor's right t� enforce such leas�s and to recei�e and cvllect paymen�
<br /> and proceeds fihereunder.
<br /> THE UNDERSIGNE❑ A�KN�INLEDGES HAV�NG READ ALL THE PR�VISl�NS QF THIS ASSI�NMENT, AND N�T
<br /> PERS�NALLY BUT AS AN AUTHaRIZEQ Sl�NER, HA5 CAUSED TH1S A55lGNMENT TQ BE SI��ED AND E�ECUTED
<br /> �N BEHALF OF�RANTUR �N MAY '�8, 24'I�.
<br /> �RANT�R:
<br /> J&B RENTALS LLC
<br /> �
<br /> B =_ - -
<br /> Y� --
<br /> ... . --�� . . � ........... ... .....................
<br /> �Jlll AM P�i L . 1111EIVI ER q� B RENTALS LLG
<br /> _ --_-_ :�;�:::::::�� - _--
<br /> B - - -_-
<br /> :��.�.
<br /> v� - - - -
<br /> ......-..
<br /> .. .
<br /> JU NN [��1LLER, ME1111B of J &B RENT►4LS LLC
<br />
|